On January 6, 2014, the Company disclosed that Petroleos Mexicanos (or
"PEME"), one of Key Energy's largest customers, is conducting an audit
of the Company's aggregate billings of $372 million under its contracts
with PEMEX. As a result, the Company expects to take a charge of between
$2 million and $3 million in the fourth quarter 2013.

If you own Key Energy stock and wish to obtain additional information
about the investigation and your legal rights, please contact Joseph E.
Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/key-energy-services-keg.

Levi & Korsinsky is a national firm with offices in New York, New
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